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Filings Reveal that Only 74 Percent of USDT Is Backed by Short-Term Liquid Funds

According to a Bloomberg report published April 30, 2019, only 74 percent of Tether’s USDT stablecoin is backed by fiat and other short-term liquid assets. The Trouble Runs Deep In an affidavit filed with the Supreme Court of State of New York on April 30, 2019, Tether’s general counsel Stuart Hoegner stated that the companyRead MoreRead More. дальше »

2019-5-2 11:48


Billionaire Remains Bitcoin-Drunk Despite Crypto Firm’s Insane $272 Million Loss

By CCN. com: According to a Bloomberg report, billionaire investor Mike Novogratz’s Galaxy Digital Holding Ltd. lost more than $272 million in 2018 amidst an intense crypto bear market. From January to December 2018, the valuation of the crypto market dropped from $813 billion to $113 billion by 86 percent as the bitcoin price crashed from its peak at $20,000 to $3,150. дальше »

2019-4-30 22:10


How Bullish is Multi-Billion Dollar Trading Firm E*Trade’s Crypto Trading Services News?

Most people know the name E*Trade, considering the substantial number of commercials that feature how easy it is to use their trading desk. In order to expand the company’s reach to other investors as well, the company will soon be making crypto trading available as well, according to details revealed to Bloomberg. Let's recap just […] дальше »

2019-4-28 18:24


‘Emotional’ Bitcoin Bulls are ‘Grasping At Straws’, Claims Bloomberg Analyst

A recent article in Bloomberg paints a less optimistic future of the crypto markets than you might typically find this week. Vildana Hajric reports that the GTI Global Strength Indicator of the Bloomberg Crypto Index, which tracks significant cryptos, has the same trends which led to its previous peak in January 2018. дальше »

2019-4-10 17:40


Tom Lee Says Bitcoin is in a Bull Market After Massive Sell-off in 2018

Bitcoin bull and head of research at Fundstrat Tom Lee have stated again that Bitcoin is in a bull market. Lee mentioned this in an interview with Bloomberg during the week. According to him, Bitcoin which crashed due to a sell-off by whales early 2018, is recovering because the huge holders are starting to buy […] The post Tom Lee Says Bitcoin is in a Bull Market After Massive Sell-off in 2018 appeared first on ZyCrypto. дальше »

2019-4-7 00:12


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Algo-Based Trading Might Have More Impact on Crypto Prices Than Expected

According to a report published by Bloomberg on April 3, 2019, algorithmic hedge funds might be the agents that have caused the price of bitcoin to skyrocket in the past couple of days. Algorithms May Have Caused Potential Price Jump Bitcoin, the premier cryptocurrency which accounts for roughly 50 percent of the total market capRead MoreRead More. дальше »

2019-4-4 21:00


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From Fraud to Fintech: QuadrigaCX Twists Continue as it Emerges Co-Founder Is Convicted Fraudster

Michael Patryn, the co-founder of the controversial QuadrigaCX, has already been convicted and spent 18 months in a U. S. Federal prison for identity theft linked to credit card and bank fraud. He “underwent a remarkable transformation,” and changed his identity before entering the world of cryptocurrency. дальше »

2019-3-21 16:00


Tencent Slashes at $271 Billion Stock Slump with Massive 50% Recovery

Tencent, the world’s largest gaming company and one of the biggest social media service owners, saw its stock plummet in 2018, costing investors as much as $271 billion in losses. Tencent shares are now seeing a massive recovery fueled by opportunities from “Fortnite” and “Apex Legends” in China’s booming gaming sector and improving sentiment in the domestic stock market. дальше »

2019-3-7 21:36


QuadrigaCX CEO Widow Demands $225,000, Draws Ire of Investors Who Lost $150 Million

Jennifer Robertson, the widow of Gerald Cotten, the CEO of Canada’s biggest crypto exchange QuadrigaCX, has requested for reimbursement of $225,000 in court fees. Robertson, who initially filed an affidavit with the Supreme Court of Nova Scotia to reveal the death of CEO Gerald Cotten and the loss of over $150 million in crypto and cash by QuadrigaCX, reportedly claimed she had spent $225,000 to secure QuadrigaCX protection from creditors. дальше »

2019-3-6 19:41


Flip-Flop: Ocasio-Cortez Revisits HQ2 Protest While Cuomo Woos Amazon

More than two weeks after Amazon announced it had scrapped plans to build part of its second headquarters in New York following opposition from local politicians, an aide to U. S. Representative Alexandria Ocasio-Cortez has said that AOC would welcome the online retail giant back to the Empire State as long as there’s community involvement. дальше »

2019-3-5 17:41


QuadrigaCX Wallets Found Empty, Mystery of $150 Million Missing Crypto Deepens

The cold wallets of QuadrigaCX, once the largest crypto exchange of Canada, have reportedly been found to be empty. According to Bloomberg, most of the Bitcoin funds from the exchange’s cold wallets were moved out in April 2018, more than 9 months before QuadrigaCX revealed it had lost $150 million in customer funds after its CEO Gerald Cotten passed away with sole control of the company’s wallets. дальше »

2019-3-4 13:21